Project Value EUR 500 000 Over 10 Years

Project Value EUR 500. 000 Over 10 Years of Experience 100% Rate of Success 2

OUR EXPERIENCE & PORTFOLIO

CLIENTS & PARTENERS

Credentials • Sector: Glass • Type: Equipment Acquisition • Finance: State Aid Scheme GD 1680/2008 • Created 312 new jobs • Sector: Food Processing • Type: Equipment Acquisition • Finance: EU Funds • Sector: Wire Harness • Type: Wage Cost Financing • Finance: State Aid Scheme GD 332/ 2014 • Created 830 new jobs • Sector: Fabrics • Type: Wage Cost Financing • Finance: State Aid Scheme GD 332/2014 • Sector: Automotive Seating • Type: Wage Cost Financing • Finance: State Aid Scheme GD 332/2014 • Created 399 new jobs • Sector: Human Resource • Type: Recruitment • Creates new job opportunities in Japan for graduates • Sector: Research and Marketing • Type: Wage Cost Financing • Finance: State Aid Scheme GD 332/2014 • Created 200 new jobs • Sector: Vehicle components • Type: Equipment Acquisition • Finance: State Aid Scheme • Creates 150 new jobs

Credentials • Sector: Automotive Seating • Type: Facility Construction and Equipment Aquisition • Finance: State Aid Scheme GD 807/2014 • Creates 481 new jobs • Sector: Automotive components • Type: Facility Construction and Equipment Aquisition • Finance: State Aid Scheme GD 807/ 2014 • Creates 130 new jobs • Sector: Automotive components • Type: Facility Construction and Equipment Aquisition • Finance: State Aid Scheme GD 807/ 2014 • Creates 168 new jobs • Sector: Hospitality industry • Type: 4* Novotel Hotel construction and endowment • Finance: State Aid Scheme GD 807/ 2014 • Creates 86 new jobs

PROJECTS FUNDED FROM GRANTS ȘIȘECAM GROUP (GLASSCORP SA) Manufacturer of automotive glass for Volkswagen, BMW, Ford, Audi, Renault Buzău, România

PROJECTS FUNDED FROM GRANTS Project value: 40 mil euro State aid value: 17. 5 mil euro Project type: equipment acquisition Financing source: State Aid Scheme GD 1680/2008 – Ministry of Finance (2013) • 312 new jobs created by investment project • •

ȘIȘECAM PLANT OPENING IN ROMANIA Among the delegation: Prime Minister of Romania, President of the Senate of Romania, Ambassador of Turkey in Romania, Vice Chairman & CEO of Sisecam, President Flat Glass of Sisecam

From left to right: Bogdan Hossu – General Manager WFS, Eugen Teodorovici - Minister of EU Funds in Romania, Cagatay Suner – General Manager of Sisecam Romania, Victor Ponta - Prime Minister of Romania

PROJECTS FUNDED FROM GRANTS YAZAKI ROMANIA one of the largest automotive wiring harness production companies in Romania

PROJECTS FUNDED FROM GRANTS • • • 830 new jobs created Approved state aid value: 3. 5 mil euro Project location: Braila, Romania Project type: wage cost financing Financing source: State Aid Scheme GD 332/ 2014– Ministry of Finance (2016)

YAZAKI ROMANIA

PROJECTS FUNDED FROM GRANTS MARTUR AUTOMOTIVE SEATING AND INTERIORS one of the largest car seats production companies in Romania

PROJECTS FUNDED FROM GRANTS PROJECT 1 Total investment value: 18 mil euro Approved state aid value: 9 mil euro 481 new jobs Project location: Pitești, Romania Project type: new production facility and machinery & equipment acquisition • Financing source : State aid scheme GD 807/2014 – Ministry of Finance (2018) • • •

PROJECTS FUNDED FROM GRANTS PROJECT 2 • • • Approved state aid value: 1. 7 mil euro 399 new jobs Project type: wage cost financing Project location: Pitești, Romania Financing source: State Aid Scheme GD 332/2014 – Ministry of Finance (2015)

PROJECTS FUNDED FROM GRANTS (part of COSKUNOZ HOLDING group) Manufacturer of car components

PROJECTS FUNDED FROM GRANTS Total investment value: 20 mil euro Approved state aid value: 8. 3 mil euro 130 new jobs Project location: Drăgășani, Vâlcea county, Romania Project type: Greenfield - new production facility and machinery & equipment acquisition • Financing source: State aid scheme GD 807/2014 – Ministry of Finance (2019) • • •

PROJECTS FUNDED FROM GRANTS NYMPHAEA RESORT – LOTUS CENTER Hospitality industry 4* Novotel Hotel, Oradea Establishment of tourist accommodation structure with integrated accommodation, food and leisure functions,

PROJECTS FUNDED FROM GRANTS NYMPHAEA RESORT - 4* Novotel Hotel, Oradea • • • Total investment value: 15 mil euro Approved state aid value: aprox. 5 mil euro 86 new jobs Project location : Oradea, Romania Project type: Greenfield - hotel construction and endowment Financing source: State aid scheme GD 807/2014 – Ministry of Finance (2019)

PROJECTS FUNDED FROM GRANTS MPO PRODIVERS REZISTENT (part of BEYCELIK GESTAMP Group) Manufacturer of car components

PROJECTS FUNDED FROM GRANTS Total investment value: 22. 2 mil euro Approved state aid value: 10. 3 mil euro 168 new jobs Project location: Pișcani, Argeș county, Romania Project type: construction and machinery & equipment acquisition • Financing source: State aid scheme GD 807/2014 – Ministry of Finance (2019) • • •

PROJECTS FUNDED FROM GRANTS Gf. K ROMANIA - Institut de Cercetare de Piață One of the largest research and market studies company

PROJECTS FUNDED FROM GRANTS • • • Approved state aid value: 1. 2 mil euro 200 new jobs created by investment project Project location: Iasi, Romania Project type: wage cost financing Financing source: State Aid Scheme GD 332/2014 – Ministry of Finance (2015)

PROJECTS FUNDED FROM GRANTS part of Beaulieu International Group (Manufacturer of jacquard fabrics)

PROJECTS FUNDED FROM GRANTS • Project location: Ploiești, Romania • Project type: wage cost financing • Financing source: State Aid Scheme GD 332/2014 – Ministry of Finance (2015)

PROJECTS FUNDED FROM GRANTS SCANDIA FOOD PROJECT: Modernization and diversifying production activity of the company Scandia Food by purchasing industry-specific equipment • Investment value: 1. 2 mil. Euro • Financing source: EU FUNDS • Project approved: 2016

PROJECT FOR GRANTING THE INDUSTRIAL PARK TITLE Beneficiary: EMAG LOGISTICA PROJECT: ESTABLISHMENT OF INDUSTRIAL PARK • Investment value: 9 mil Euro • Approved grant: exemption from the payment of the tax on land buildings related to the industrial park, for a period of 20 years. • Financing source: Regional state aid scheme to support initial investments made in industrial parks

SOCIAL PROJECTS • Parada Association - shelter for homeless children • Alternativa 2003 Association – project management for implementation of a project for children with disabilities • Saint Ana Association - shelter for children and youth with mental and associated severe disabilities

CEE’s FACTS 31

Poland Hungary Romania Bulgaria Czech Rep. Slovakia 2017 2018 2017 2018 Population (mil. ) 38. 43 38. 6 4 9. 8 9. 7 19. 64 19. 5 7. 1 7. 05 10. 58 10. 67 5. 43 5. 45 GDP (billion EUR) 444. 5 496. 6 117. 12 135. 5 177. 5 211. 2 47. 62 57. 16 180. 76 214. 81 80. 29 93. 7 GDP per capita (EUR) 11, 60 5 12, 9 24 12, 010 14, 02 0 9, 061 10, 150 6, 730 8, 154 18, 100 19, 600 15, 600 16, 600 Key Interest Rate (%) 1. 5 0. 9 1. 75 2. 5 0 0 0. 5 0. 75 0 0 Min. Wage (EUR) 453. 5 502. 8 412. 66 418. 4 7 320 407 235. 2 260. 7 420 467 435 480 Average Wage(EUR) 939 1023 816 930 520 600 570 1130 1220 1050 Unemploymen t ratio (%) 8. 2 6. 5 4 3. 7 4. 9 4 6 5 3 2. 3 8 6

GRANTS AVAILABLE IN ROMANIA 2014 - 2020 34

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 35

STATE AID BUDGET GD 807/ 2014 Ø Maximum total budget is 4, 07 billion lei, i. e. the equivalent of approximately 925 million Euro, during 2014 -2020. Ø The maximum annual budget is 638 million lei, i. e. the equivalent of approximately 145 million Euro.

State aid intensity, according to development region 37

STATE AID VALUE AND INTENSITY PER PROJECT - GD 807/2014 MAXIMUM STATE AID REGION 2014 -2017 Bucharest Region 2018 -2020 11, 25 7, 5 million Euro MAXIMUM STATE AID INTENSITY 2014 -2017 2018 -2020 15% 10% West Region and Ilfov Region 26, 25 million Euro 35% North - West, Central, North - East, South - Muntenia and South - West Oltenia Region 37, 5 million Euro 50% 38

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 Eligible applicants: SMEs and large enterprises • Start-ups • Enterprises in activity 39

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 State aid: • Maximum 50% from the costs of tangible assets (new buildings construction, the purchase of technical installations, machinery and equipment) • Maximum 50% from the cost of renting existing buildings • Maximum 50% from the cost of intangible assets (patents, licenses, know-how or other intellectual property rights) 40

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 Eligibility criteria for costs: • Maximum value of the expenses that can be considered eligible for carrying out the construction is 1, 650 lei/ sqm gross building area, the equivalent of about 365 euro/ sqm gross building area • Maximum eligible amount of the rent, for the lease of construction, cannot exceed 22 lei/ sqm/ month, equivalent to about 5 euro/ sqm/ month • To be considered as eligible cost, intangible assets must not exceed 50% of the total eligible costs 41

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 Eligibility criteria for the investment: • To be considered an initial investment • To have a total value, VAT exclusive, of minimum equivalent of approximately 1 million EUR • To demonstrate its economic efficiency and viability during the implementation of investment and 5 years after its completion in accordance with the business plan. 42

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 Eligibility criteria for the investment: State aid beneficiary must provide its own financial contribution (at least 50%) to the eligible expenditure + ineligible expenditure Own financial contribution may come from the following sources of funding: o o Bank credit (confort letter or loan agreement), Subscribed and paid-in capital increase, Reinvested profit, Intragroup loan. 43

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 Eligibility criteria for the investment: • The legal situation of the investment location - The enterprise must prove a real right of the location - Land/ buildings where the investment takes place must be unencumbered - Documents by which the proof of location is made must be valid during the implementation of investment and 5 years after its completion. - The enterprise presents the following documents: o contract of sale - purchase/ certificate of inheritance etc. o land registry extract, o lease agreement (acceptable only in case of purchase of equipment) o concession contract/ assignment or any other legal document which proves location. 44

STATE AID SCHEME FOR STIMULATING INVESTMENTS WITH A MAJOR IMPACT ON THE ECONOMY, ESTABLISHED BY GD 807/2014 State aid payment Ø State aid shall be disbursed to recipient companies after all or part of eligible expenditures are incurred Ø Can be submitted maximum 2 reimbursment applications per year Ø The state aid shall be disbursed within maximum 45 business days from the date on which the application is considered complete 45

EUROPEAN FUNDS REGIONAL OPERATIONAL PROGRAM 2014 -2020 46

REGIONAL OPERATIONAL PROGRAM 2014 -2020, THE CALL FOR PROPOSALS 2. 1. B BUSINESS INCUBATORS The company can receive incentive for: Ø Creation of business incubators *) Ø Supporting investments in tangible assets (construction works, procurement of equipment and technological machines) and intangible assets (patents, trademarks, licenses, IT software, etc. ). The value of the granted nonreturnable aid is minimum 200. 000 EUR and maximum 7. 000 EUR Ø The maximum intensity of the regional aid varies between 35% and 70%, depending on the project implementation region and the size of the applicant company. *) The Business Incubator is a business support structure organized in the business incubator infrastructure in an appropriate space where the incubator residents are located, managed by an administrator, aiming at creating a favorable, sustainable environment for small businesses and new businesses - set up, stimulating their development and viability potential, helping them to develop in the start-up period by providing the necessary facilities and managerial support. 47

REGIONAL OPERATIONAL PROGRAM 2014 -2020, THE CALL FOR PROPOSALS 2. 2. Supporting the creation and expansion of advanced capacities of production and development of services The company can receive incentive for: Ø Construction, extension of production and services facilities Ø Purchase of technological equipment, machinery, work equipment, furniture, IT equipment, office equipment, which are fixed assets Ø Investments in intangible assets: patents, licenses, trademarks, software, other rights and similar assets The value of the granted nonreturnable aid is minimum 1. 000 EUR and maximum 5. 000 EUR Ø The maximum intensity of the regional aid varies between 45% and 70%, depending on the project implementation region and the size of the applicant company. 48

EUROPEAN FUNDS LARGE INFRASTRUCTURE OPERATIONAL PROGRAM 2014 -2020 49

LARGE INFRASTRUCTURE OPERATIONAL PROGRAM 2014 -2020, THE CALL FOR PROPOSAL 6. 4 Increased savings in primary energy consumption produced in high-efficiency cogeneration systems The company can receive incentive for: Ø Investment in high-efficiency cogeneration units of industrial enterprises (modernization of cogeneration plants or new ones), which use either waste gases from industrial processes or fossil fuels, either biomass or mixed fuel, regardless of proportion. Ø Cogeneration power plant refers to all the installations, constructions and equipment necessary for the combined production of electric and thermal energy. The value of the granted nonreturnable aid is maximum 15. 000 EUR The maximum intensity of the regional aid varies between 60% and 80%, depending on the applicant company size (small, medium or large enterprise). The total annual energy (electrical and thermal) produced in the high-efficiency cogeneration plant must be consumed by at least 60% by its owner. 50

LARGE INFRASTRUCTURE OPERATIONAL PROGRAM 2014 -2020, THE CALL FOR PROPOSAL 6. 1. Increase of energy production from lessharnessed renewable resources (biomass, biogas, geothermal) The company can receive incentive for: Ø Establishment and/ or modernization of production capacity of electrical and thermal energy in high efficiency cogeneration from biomass and biogas exclusively; Ø Establishment and/ or modernization of production capacities of thermal energy exclusively from biomass or biogas or geothermal resources; Ø Establishment and/ or modernization of production capacities of electrical energy from biomass or biogas. The value of the granted nonreturnable aid is maximum 15. 000 EUR The maximum intensity of the regional aid varies between 60% and 80%, depending on the applicant company size (small, medium or large enterprise). Through the production capacities financed, the energy produced (including by cogeneration) is intended for supplying, by way of trade, to consumers, over 60% of the total energy produced annually (electric and thermal). 51

EUROPEAN FUNDS HUMAN CAPITAL OPERATIONAL PROGRAM 2014 -2020 52

HUMAN CAPITAL OPERATIONAL PROGRAM 2014 -2020 "Innovation through training" for BIG COMPANIES The company can receive incentive for: Ø Supplying vocational training programs meant for employees - training, specialization and improvement courses Ø Informal courses recognized at enterprise level, activities such as "workshops", "seminars", "conferences“. The maximum value of a project is 500. 000 EUR Ø The nonreturnable aid is 50% to 60% Ø Minimum number of trained people is 75 53

HUMAN CAPITAL OPERATIONAL PROGRAM 2014 -2020 "Professional Romania - Competitive enterprises" for BIG COMPANIES The company can receive incentive for: Ø Supplying training programs meant for Managers (general manager, executive director, deputy director, department manager, project manager, line manager) and for Human Resources department employees - training, specialization and improvement courses The maximum value of a project is 500. 000 EUR Ø The nonreturnable aid is 50% to 60% Ø Minimum number of trained people is 50 54

Andrei Campean Business Development Manager Email: andrei. campean@wfs. eu Tel: +40 742 084 212